What is Turn-Tech?
Founded in 1984, Turn-Tech, Inc. is a Texas-based corporation specializing in precision contract machining and manufacturing for the oil and gas industry. The company delivers critical parts, components, assemblies, and sub-assemblies for both land-based and subsea applications. Turn-Tech's commitment to quality and enduring customer relationships is supported by state-of-the-art machining capabilities and a skilled workforce, enabling them to manage projects from initial prototyping through to final product delivery with rigorous quality control.
How much funding has Turn-Tech raised?
Turn-Tech has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
What's next for Turn-Tech?
With the recent major strategic investment, Turn-Tech is poised to further enhance its operational capacity and technological offerings. This capital infusion, within the context of large-scale late-stage funding, suggests a strategic push towards expanding market share, potentially through technological advancements in precision manufacturing or by broadening its service portfolio to meet evolving industry demands. The company's focus on the oil and gas sector, a market often characterized by significant capital expenditure cycles, indicates that this funding will likely be directed towards strengthening its competitive edge and supporting large-scale projects.
See full Turn-Tech company page
